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Michael Hudson Quotes: Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.
         

Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.


Michael Hudson
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Other quotes of Michael Hudson


We go forward with our heads held high, but look back and remember where we come from.

We go forward with our heads held high, but look back and remember where we come from.



You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.

You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.



The one sure mark of a con, though, is the promise of free money.

The one sure mark of a con, though, is the promise of free money.



What's bad for the frackers usually is good for the rest of the world.

What's bad for the frackers usually is good for the rest of the world.



Nothing could be better for the economy than to get rid of fracking.

Nothing could be better for the economy than to get rid of fracking.



Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.

Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.



Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."

Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."



We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.

We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.



To the deficit commission, a depression is the solution to the problem, not a problem.

To the deficit commission, a depression is the solution to the problem, not a problem.



One basic myth is that rich people get wealthy by earning income. But that's not how most get rich. Most of the gains of the rich people since 1945 have been "capital gains".

One basic myth is that rich people get wealthy by earning income. But that's not how most get rich. Most of the gains of the rich people since 1945 have been "capital gains".





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You're the kind of man my mother warned me about.

You're the kind of man my mother warned me about.



Ah! yes, I know: those who see me rarely trust my word: I must look too intelligent to keep it.

Ah! yes, I know: those who see me rarely trust my word: I must look too intelligent to keep it.



Some people talk in their sleep. Lecturers talk while other people sleep.

Some people talk in their sleep. Lecturers talk while other people sleep.



I love paper. A nice thick pile of it and a pencil, and I'm content.

I love paper. A nice thick pile of it and a pencil, and I'm content.



She's like snow in Russian," said Anna. "Snow in the evening when the sun sets and it looks like Alpengluhen, you know? And if snow had a scent it would smell like that [the rose].

She's like snow in Russian," said Anna. "Snow in the evening when the sun sets and it looks like Alpengluhen, you know? And if snow had a scent it would smell like that [the rose].



You see? I know where every single book used to be in the library. She pointed to the shelf opposite. Over there was Catch-22, which was a hugely popular fishing book and one of a series, I believe.

You see? I know where every single book used to be in the library. She pointed to the shelf opposite. Over there was Catch-22, which was a hugely popular fishing book and one of a series, I believe.



I would like now to shed light in your heart on the truth of things, for it was not my will, but that of the Father and my Rabbi, which was done that faithful night.

I would like now to shed light in your heart on the truth of things, for it was not my will, but that of the Father and my Rabbi, which was done that faithful night.



I've never been attracted to women sexually and I wanted romance.

I've never been attracted to women sexually and I wanted romance.



Every exit is an entrance to someplace else.

Every exit is an entrance to someplace else.



Stage work, that's all I have in my background. Wasteland was my first TV experience. Dawson's was my first long-term, I mean the entire season of 22 episodes.

Stage work, that's all I have in my background. Wasteland was my first TV experience. Dawson's was my first long-term, I mean the entire season of 22 episodes.




Quote Description


This page presents the quote "Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.". Author of this quote is Michael Hudson. This quote is about income, gains, people, rich people,.